LOB - Live Oak Bancshares, Inc.
| Previous Close | 25.23 |
| Open | 25.54 |
| Bid | 25.27 x 1200 |
| Ask | 25.49 x 1100 |
| Day's Range | 25.10 - 25.65 |
| 52 Week Range | 17.31 - 43.72 |
| Volume | |
| Avg. Volume | 377,346 |
| Market Cap | 1.123B |
| Beta (5Y Monthly) | 1.46 |
| PE Ratio (TTM) | 7.35 |
| EPS (TTM) | 3.43 |
| Earnings Date | Jul 25, 2023 - Jul 31, 2023 |
| Forward Dividend & Yield | 0.12 (0.53%) |
| Ex-Dividend Date | Feb 27, 2023 |
| 1y Target Est | 26.00 |
GlobeNewswireLive Oak Bancshares, Inc. Reports First Quarter 2023 Results
WILMINGTON, N.C., April 26, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2023 net income of $398 thousand, or $0.01 per diluted share. “The headlines for the first quarter of 2023 centered around deposits, liquidity, and credit. In the midst of this discourse, Live Oak weathered the noise and has a solid story to tell with continued deposit growth, a record first quarter for production backed by strong liquidity and
- GlobeNewswire
Live Oak Ventures Participates in Series Seed Financing of Pharmacy Marketplace
WILMINGTON, N.C., March 08, 2023 (GLOBE NEWSWIRE) -- Live Oak Ventures, the investment arm of Live Oak Bancshares, Inc., has announced an investment in Pharmacy Marketplace, a software platform created by independent pharmacy owners for independent pharmacy owners to support real-time purchasing decisions. Live Oak participated in the financing to support the software company’s growth and add resources to ensure pharmacy owners can assess data to remain nimble and profitable. “Live Oak is excite
- GlobeNewswire
Live Oak Bank’s Voice of the Customer Survey Offers In-Depth Analysis of Customer Sentiment
WILMINGTON, N.C., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Live Oak Bank has released its first Voice of the Customer survey, powered by Barlow Research Associates, to deliver insights, industry benchmarks and candid advice to help small business owners define challenges and opportunities. Barlow Research surveyed 768 Live Oak lending customers across the U.S. to gather current viewpoints on trends to the commercial banking sector. The key takeaways of the 2022 survey include: Customers are optimistic
- GlobeNewswire
Live Oak Bancshares, Inc. Reports Fourth Quarter 2022 Results
WILMINGTON, N.C., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (NYSE: LOB) (“Live Oak” or “the Company”) today reported fourth quarter of 2022 net income of $1.8 million, or $0.04 per diluted share. Net income for the year ended December 31, 2022, totaled $176.2 million, or $3.92 per diluted share. “Live Oak closed 2022 with a strong quarter as our teams once again produced more than $1 billion in loan originations, ending a banner year that also reflected continued deposit growth
- GlobeNewswire
Live Oak Bancshares, Inc. Announces Date of Fourth Quarter 2022 Financial Results
WILMINGTON, N.C., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (NYSE: LOB) today announced that it will report its fourth quarter 2022 financial results after U.S. financial markets close on Wednesday, January 25, 2023. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, January 26, 2023, at 9:00 a.m. ET. To listen to the call via a live audio webcast, visit http://inv
Simply Wall St.As Live Oak Bancshares, Inc. (NYSE:LOB) drops to US$1.3b market cap, insiders might rethink their US$1.5m stock purchase earlier this year
Insiders who bought US$1.5m worth of Live Oak Bancshares, Inc.'s ( NYSE:LOB ) stock at an average buy price of US$61.86...
- GlobeNewswire
Live Oak Bancshares, Inc. Announces Transfer of Listing of Voting Common Stock to the New York Stock Exchange
WILMINGTON, N.C., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) announced today that it is transferring the listing of its voting common stock to the New York Stock Exchange (NYSE) from The Nasdaq Stock Market LLC (Nasdaq). Live Oak Bancshares’ voting common stock will begin trading on the NYSE on December 14, 2022, under its current ticker symbol LOB. Live Oak Bancshares will continue to trade its voting common stock on Nasdaq until the close of the market on Decembe
- Simply Wall St.
Live Oak Bancshares (NASDAQ:LOB) shareholders have earned a 21% CAGR over the last three years
It hasn't been the best quarter for Live Oak Bancshares, Inc. ( NASDAQ:LOB ) shareholders, since the share price has...
Motley Fool3 Top Fintech Stocks to Buy in November
Plenty of stocks have taken a hit, and all the major indexes, from the S&P 500 to the Nasdaq Composite, are experiencing bear markets. Bear markets can be difficult, but have historically offered up excellent buying opportunities for long-term investors. Three fintech stocks that look attractive as we enter November are Interactive Brokers (NASDAQ: IBKR), Live Oak Bancshares (NASDAQ: LOB), and Tradeweb Markets (NASDAQ: TW).
Motley FoolLive Oak Bancshares (LOB) Q3 2022 Earnings Call Transcript
Image source: The Motley Fool. Live Oak Bancshares (NASDAQ: LOB)Q3 2022 Earnings CallOct 27, 2022, 9:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorThank you for standing by, and welcome to Live Oak Bancshares third quarter 2022 earnings conference call.
ZacksLive Oak Bancshares (LOB) Q3 Earnings and Revenues Surpass Estimates
Live Oak Bancshares (LOB) delivered earnings and revenue surprises of 113.33% and 34.06%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Live Oak Bancshares, Inc. Reports Third Quarter 2022 Results
WILMINGTON, N.C., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported third quarter of 2022 net income of $42.9 million, or $0.96 per diluted share. The third quarter of 2022 included a pretax gain of $28.4 million related to the sale of the Company’s investment in Payrailz, LLC (“Payrailz”). “Live Oak remains steadfastly dedicated to serving small business customers across our country with vital capital to create jobs, boost loc
ZacksFirst Citizens BancShares (FCNCA) Earnings Expected to Grow: Should You Buy?
First Citizens (FCNCA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ZacksLive Oak Bancshares (LOB) Expected to Beat Earnings Estimates: Should You Buy?
Live Oak Bancshares (LOB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- GlobeNewswire
Live Oak Bank Tops SBA’s 100 Most Active 7(A) Lenders
WILMINGTON, N.C., Oct. 14, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank has been named the most active SBA 7(a) lender by dollar amount by the U.S. Small Business Administration for the fifth year in a row. The results were posted to the SBA website and display the country’s top 100 SBA 7(a) lenders by loan volume for the administration’s 2022 fiscal year, which ended September 30. “Live Oak Bank has the privilege of serving small business owners across the country and the SBA 7(a) program is an essen
- GlobeNewswire
Live Oak Bancshares, Inc. Announces Date of Third Quarter 2022 Financial Results
WILMINGTON, N.C., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its third quarter 2022 financial results after U.S. financial markets close on Wednesday, October 26, 2022. In conjunction with this announcement, Live Oak will host a conference call to discuss the company's financial results and business outlook on Thursday, October 27, 2022, at 9:00 a.m. ET. To listen to the call via a live audio webcast, visit http://in
- Simply Wall St.
Here's Why We Think Live Oak Bancshares (NASDAQ:LOB) Is Well Worth Watching
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Motley FoolWant $500 in Passive Income? Invest $10,000 in These 3 Warren Buffett Dividend Stocks and Wait 3 Years
Thousands of words have been dedicated to explaining Warren Buffett's investment strategy over the years, both by the legendary investor himself and others. All of that, however, can be boiled down to one advice: buy quality businesses at reasonable prices.
- GlobeNewswire
Live Oak Bancshares Appoints Yousef A. Valine to Board of Directors
WILMINGTON, N.C., Sept. 19, 2022 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced the appointment of Yousef A. Valine to its board of directors effective September 15, 2022. Valine has also been appointed to the board of directors of Live Oak Bank.“We are very pleased to welcome Yousef to our board of directors,” said Live Oak Bancshares Chairman and CEO James S. (Chip) Mahan III. “He brings exceptional perspective and depth of experience in financial services and will be a valuable addition as
Motley FoolDown 65% From Its High, This Growth Stock Looks Like a No-Brainer
This year has been a difficult market for Wall Street, with high inflation and rising interest rates as the main culprits. One beaten-down company worth your consideration is Live Oak Bancshares (NASDAQ: LOB). Since peaking at nearly $100 per share last November, Live Oak's stock is down 65% and is priced at a cheap valuation that is hard to ignore.
- GlobeNewswire
Live Oak Bank to Expand Workforce to Support Its Mission to Be America’s Small Business Bank
WILMINGTON, N.C., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank commits to adding 204 jobs over the next five years and investing $25 million in campus expansions thanks in part to three investment grants given by the State of North Carolina, New Hanover County and the city of Wilmington. The state and local grants, totaling more than $2 million, are expected to be received over 5 to 12 years. Live Oak intends to hire employees with an average salary of more than $101,000. Newly created posit
- GlobeNewswire
Live Oak Bank Announces Lending Partnership with Ramp
WILMINGTON, N.C., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank announces it has been named a small business lending partner for Ramp, the finance automation platform and corporate card designed to help businesses spend less. Live Oak, the nation’s leading Small Business Administration (SBA) lender, will be a new referral channel for Ramp customers who are looking for capital for long-term growth such as acquiring a new business, growing their existing business and real estate purchases. “We
- GlobeNewswire
Live Oak Ventures Exits Payrailz Continuing Its Investment Momentum
WILMINGTON, N.C., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Live Oak Ventures has exited its investment in Payrailz, LLC (Payrailz) a digital payments platform, recently acquired by Jack Henry & Associates, Inc. (Jack Henry). Live Oak anticipates an estimated pre-tax gain of approximately $28 million, subject to final adjustments. “This is the third investment by Live Oak that has had a greater than 9x return. We are proud of the success we are seeing in our investment strategy – partnering with indust
- GlobeNewswire
Live Oak Bank Expands SBA General Lending Team to Deliver Financial Solutions for America’s Small Businesses
WILMINGTON, N.C., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Live Oak Bank, a subsidiary of Live Oak Bancshares, announces 10 accomplished lenders have joined the bank’s General Small Business Administration (SBA) Lending team since the first half of 2022. The experienced lenders work with brokers, intermediaries, and individuals to support business acquisitions, partner buyouts and real estate purchases. “We continue to build a phenomenal team of SBA lending experts who have deep market knowledge and b
- Motley Fool
Why I Bought More of This Growth Stock While It's Cheap
Live Oak's (NASDAQ: LOB) stock has been down recently more than 60% off its high, however, in this video clip from "The Rank" on Motley Fool Live, recorded on July 27, Fool.com contributors Matt Frankel and Jason Hall make the case that it could be a prime opportunity to invest in the best-in-class small business lender. Matt Frankel: I was shocked at how much this one has been beaten down lately. Frankel: Down 64, it's priced like half of its loans are going to default.